Indian equity benchmarks closed with marginal gains on Friday after a volatile session. Markets made a negative start and altered between red and green amid concerns over continued foreign fund outflows. Foreign institutional investors (FIIs) were net sellers of shares worth Rs 6,769.34 crore. However, buying interest in dying hour of trade helped markets to end in positive terrain, supported by optimism around quarterly earnings and encouraging monthly auto sales data.

Some of the important factors in trade:

India’s manufacturing PMI accelerates to 59.2 in October: Sentiments remained upbeat as the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) surged to 59.2 in October from 57.7 in September, indicating a quicker improvement in the health of the sector.

India’s gross GST collection increases 4.6% in October: Traders took some support with government data has showing that gross Goods and Services Tax (GST) collection increased 4.6 per cent to about Rs 1.96 lakh crore in October 2025 as against Rs 1.87 lakh crore collections in October 2024, driven by festive buying spree despite a cut in GST rates. 

Fiscal deficit in first half of FY26 stands at 36.5% of full-year target: Traders took note of the Controller General of Accounts (CGA) data said that the Centre's fiscal deficit stood at 36.5 per cent of the full-year target at the end of first half of FY26.

Global front: European markets were trading mostly in red ahead of regional manufacturing PMI prints due later in the day. Asian markets ended mostly in green as investors monitored the latest trade developments after the White House released details of a new trade and economic agreement reached between U.S. President Donald Trump and Chinese President Xi Jinping in South Korea.

The BSE Sensex ended at 83978.49, up by 39.78 points or 0.05% after trading in a range of 83609.54 and 84127.00. There were 15 stocks advancing against 15 stocks declining on the index. (Provisional)

The broader indices ended in green; the BSE Mid cap index was up by 0.62%, while Small cap index up by 0.71%. (Provisional)

The top gaining sectoral indices on the BSE were Telecom up by 2.90%, Realty up by 2.26%, Healthcare up by 1.14%, Oil & Gas up by 0.96% and PSU up by 0.74%, while Utilities down by 0.25%, Consumer Durables down by 0.22%, IT down by 0.12%, FMCG down by 0.06% and Industrials down by 0.01% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Mahindra & Mahindra up by 1.70%, Tata Motors Passenger up by 1.69%, Eternal up by 1.49%, SBI up by 1.41% and Bharti Airtel up by 1.09%. On the flip side, Maruti Suzuki down by 3.37%, ITC down by 1.50%, TCS down by 1.36%, Larsen & Toubro down by 1.27% and Bharat Electronics down by 0.92% were the top losers. (Provisional)

Meanwhile, Reserve Bank of India (RBI) in its latest data showed that growth in bank credit to industry moderated to 7.3 per cent in September 2025, as compared with 8.9 per cent in the corresponding period last year. On a year-on-year basis, non-food bank credit grew 10.2 per cent as on the fortnight ended September 19, 2025, compared to 13 per cent during the corresponding fortnight of the previous year (September 20, 2024). Credit to 'micro and small' and 'medium' industries continued to grow in double-digits.

The data showed that among major industries, outstanding credit to 'all engineering', 'infrastructure', 'textiles', and 'vehicles, vehicle parts and transport equipment' recorded buoyant year-on-year growth. Further, credit to agriculture and allied activities registered a year-on-year growth of 9 per cent (16.4 per cent in the corresponding fortnight of the previous year). Advances to services sector registered a growth rate of 10.2 per cent year-on-year.

It said growth in credit to non-banking financial companies (NBFCs) decelerated, though segments such as tourism, hotels and restaurants, computer software, and commercial real estate witnessed robust growth. It said credit to personal loans segment recorded a decelerated year-on-year growth of 11.7 per cent, as compared with 13.4 per cent a year ago, largely due to moderation in growth of other personal loans, vehicle loans, and credit card outstanding. 

The CNX Nifty ended at 25763.35, up by 41.25 points or 0.16% after trading in a range of 25645.50 and 25803.10. There were 27 stocks advancing against 22 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Shriram Finance up by 6.35%, Tata Consumer Products up by 2.79%, Apollo Hospital up by 1.87%, Mahindra & Mahindra up by 1.77% and Tata Motors Passenger up by 1.71%. On the flip side, Maruti Suzuki down by 3.31%, ITC down by 1.52%, TCS down by 1.35%, Larsen & Toubro down by 1.25% and JSW Steel down by 0.91% were the top losers. (Provisional)

European markets were trading mostly in red; UK’s FTSE 100 decreased 42.81 points or 0.44% to 9,717.25, and France’s CAC fell 11.07 points or 0.14% to 8,110.00, while Germany’s DAX gained 25.8 points or 0.11% to 23,984.10.

Asian markets settled higher on Monday tracking Wall Street’s gains last Friday, supported by Amazon’s strong quarterly results. Investors were awaiting US ADP employment data and US ISM PMI figures due this week. Investors also monitored the latest trade developments after the White House released details of a new trade and economic agreement reached between US President Donald Trump and Chinese President Xi Jinping in South Korea, outlining steps to ease tariff tensions, restore market access, and enhance cooperation on drug control. South Korea's Kospi breached the 4,200 mark for the first time in history, with Computer chip maker SK Hynix soared 10.91% following Nvidia's announcement on Friday to supply up to 260,000 units of artificial intelligence chips to South Korea. Chinese shares gained despite disappointing PMI data, with a private gauge of China's manufacturing activity dropping to 50.6 in October from 51.2 in September. Japanese market was closed for Culture Day holiday.